https://www.taxtmi.com/caselaws?id=270710 The High Court upheld the Tribunal's decision regarding the interpretation of Section 80IB(10) of the Income Tax Act, 1961. It ruled in favor of the assessee, allowing deductions for residential units below 1500 square feet and denying it proportionately for units exceeding the limit. The Court emphasized that the law does not preclude deduction claims if some units exceed specified dimensions. en-us Mon, 07 Dec 2015 00:00:00 +0530 Mon, 02 May 2016 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270710 The High Court upheld the Tribunal's decision regarding the interpretation of Section 80IB(10) of the Income Tax Act, 1961. It ruled in favor of the assessee, allowing deductions for residential units below 1500 square feet and denying it proportionately for units exceeding the limit. The Court emphasized that the law does not preclude deduction claims if some units exceed specified dimensions. Case-Laws Income Tax Mon, 07 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270710